Nassau County, Florida Housing Market

In Nassau County, Florida, the median home value is $382,800, with a median monthly rent of $1,526. This places Nassau County at #330 nationally out of 3134 counties by median home value, and #14 within Florida.

Median Home Value $382,800
Median Rent $1,526/mo
Owner Occupancy 82.7%
Price/Rent Ratio 20.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Nassau County rose +0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

23,768
jobs (private sector)
  • Avg weekly wage: $1,079
  • Establishments: 2,958
  • BLS QCEW, 2025
🏗️

Housing Supply

1,060
new units authorized (2025)
  • Single-family: 887
  • Multi-family: 173
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5428
net migration (filers, 2021-2022)
  • Inflow: 43,453 (avg $135,552)
  • Outflow: 38,025 (avg $131,738)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Nassau County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 32034 418.8 -1.53% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Nassau County Compares

MetricNassau CountyFlorida AverageU.S. Average
Median Home Value $382,800 $284,325 $227,706
Median Gross Rent $1,526 $1,303 $968
Owner Occupancy Rate 82.7% 74.6% 73.3%
Price/Rent Ratio 20.9 17.6 18.7

Market Analysis

The median home value in Nassau County is 34.6% above the Florida state average and 68.1% above the U.S. national average. The median rent of $1,526/month is 17.1% above the state average.

With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Nassau County has an owner-occupancy rate of 82.7%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Taos County New Mexico $382,800 $1,034
Sussex County Delaware $382,600 $1,238
Rutherford County Tennessee $382,600 $1,502
Virginia Beach city Virginia $382,500 $1,714
Custer County Idaho $381,700 $691

Other Counties in Florida

CountyMedian Home ValueMedian RentOwner Occ.
Sumter County $385,400 $1,269 87.6%
Seminole County $386,900 $1,783 66.2%
Orange County $390,100 $1,775 56.8%
Manatee County $391,400 $1,671 74.3%
Hillsborough County $371,500 $1,667 61.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).